Fee Fi Foe , FXE FXF

Posted on Oct 10, 2011 by in Letters

You could just as well use eeny meeny miny more with these markets, but the trend line is broken in the euro with a power bar and a gap.  It does seem about time for a rally in the euro.  But traders who depend on a grand bargain to be struck with Angela and Sarko may find they have been fooled again.  But that is the essence of trading.  Venture a little, get your head handed to you, venture some more and you wind up like Paulson  (the good Paulson, not the evil Paulson).  Ever eager to kick Lucie's football we will put a few small chips on it.

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